Shankara Buildpro Limited will split its equity shares from a face value of ₹10 to ₹2 each, effective October 8, 2026. The company has received confirmation from depositories for the new ISIN allotted to the sub-divided shares.

The corporate action involves converting one existing fully paid-up equity share of ₹10 into five fully paid-up equity shares of ₹2 each. This move follows the fixation of the record date as October 8, 2026, as previously intimated to the stock exchanges in September 2026.

Depository Confirmations

Both National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL) have activated the new security identifier for the post-split shares. The activation ensures that trading and settlement processes align with the revised face value structure from the record date onwards.

Regulatory Compliance

The company filed an intimation with BSE Limited and National Stock Exchange of India Limited regarding the allotment of the new ISIN. This procedural step is mandatory for listing compliance following capital structure changes. The Registrar and Transfer Agent, KFIN Technologies Limited, has been copied on the depository communications to facilitate shareholder record updates.

Shareholders holding existing shares will see their holdings adjusted automatically in their demat accounts after the record date. No further action is required by investors for this sub-division process.

Shankara Buildpro Limited has fixed October 8, 2026, as the record date for its approved equity share split. The Board of Directors announced the date in a filing with stock exchanges on September 12, 2026.

The resolution, passed via postal ballot on September 11, 2026, authorizes the sub-division of the company’s equity shares. The move reduces the face value from ₹10 to ₹2 per share.

Split Details

Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, shareholders holding units on the record date will be eligible for the split. Each existing equity share of ₹10 face value will be sub-divided into five equity shares of ₹2 face value each.

Voting Outcome

The remote e-voting process ran from August 12 to September 10, 2026. Of the 26,717 shareholders on record, 135 members participated. The total votes polled represented approximately 60.15% of the outstanding shares.

Promoter and promoter group holdings accounted for the majority of votes cast in favour. Public institutional investors also showed strong support, while non-institutional public shareholders voted overwhelmingly for the resolution.

Only 46 votes were cast against the resolution. The promoters declared no interest in the agenda item. The resolution passed as an ordinary resolution with the requisite majority under Regulation 44(3) of the SEBI Listing Regulations.